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Lee & Ko

Woo Young Jung

Woo Young Jung

Partner

Expertise

  • Banking & Finance
  • Energy & Natural Resources
  • Insolvency & Restructuring
  • Lease & Transportation Finance

WSG Practice Industries

Activity

WSG Leadership

WSG Coronavirus Task Force Group
Member
Profile
Woo Young JUNG is a partner of Banking & Finance Group at Lee & Ko with almost 20 years of practice experience in area of finance and general banking. During his long tenure as banking attorney, he has handled and advised on a wide variety of financing schemes, e.g. asset financing, project financing, securities, corporate rehabilitation and asset backed securitization, but always with a concentration on the area of shipfinance. He advises shipping companies and financial institutions (both local and offshore) on the acquisition of new buildings and secondhand ships, offshore oil and gas, cross border leases, tax leases under US, UK and France revenue regulations, the fund scheme and other structured financing, many of which have been bench mark deals in the Korean market.

He also advises, as a designated outside counsel, many of the government and government related authorities delegated to drafting and implementing the anti-money laundering legislation and other financial regulations, e.g. the Bank of Korea, the Ministry of Finance and Economy, the Export-Import Bank of Korea, the Korea Development Bank, the Korea Export Insurance Corporation, the Korea Highway Corporation and recently the Korea Finance Corporation, and makes active contributions. He has acted as an advisor of the Ministry of Maritime Affairs and Fisheries, as advisory member of Korea Financial Intelligence Unit, and as outsider Director of Korea Line Corporation, a shipping Company.

He also writes and lectures frequently on structured finance, shipfinance, ship investment company act at the Judicial Research and Training Institute, the Korea Securities Research and Training Institute and the International Bar Association, and publishes articles (with his prior publications including "Introduction to the Banking Practice of the Shipfinance" (2006) - BFL, Finance Center of Seoul National University, and "Asset-Backed Securitization in Korea" (2003) Asia Law and Practice).

Bar Admissions

admitted to bar: 1989, Korea

Education

College of Law, Seoul National University (LL.B., 1983)
Graduate School of Law, Seoul National University (LL.M., 1985)
Judicial Research and Training Institute, Supreme Court of Korea, 1987-1989
Areas of Practice

Banking & Finance | Energy & Natural Resources | Insolvency & Restructuring | Lease & Transportation Finance | Structured Finance & Securitization

Professional Career

Professional Associations

Korean Bar Association; Seoul Bar Association


Professional Activities and Experience

Judge Advocate Officer, Korean Army, 1989-1992
Legal Advisor, Ministry of Finance and Economy, 1995-Present

WSG's members are independent firms and are not affiliated in the joint practice of professional services. Each member exercises its own individual judgments on all client matters.

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